Page 51 - Credit Builidng Toolkit By Adrean Yancy jr 3
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Credit Building Toolkit
Thanks to Possible Finance's exclusive partnership with the three major credit bureaus,
steady history of on-time payments can improve your credit score. This is especially
helpful for those who have bad or little credit and need their first loan to get started,
building up that essential financial asset—their good reputation. However, it is also worth
understanding that anything short of responsible use and complete payment of your loan
could damage your credit rating.
Possible Finance features an app that automatically calculates your monthly payment
based on personal data such as income level, current debt load (including other loans),
and the amount desired per month. In addition, the company does not check one's credit
before approving any person interested in getting approved for financing. They only
require proof of identification, making it flexible even if you're new to this type of
business.
Possible Finance interest and fees vary depending on your state. In states like California,
Florida, Idaho, Utah, and Washington, you could get between $15 and $20 for every
$100 you borrow. The fee could be either a flat rate or a monthly charge. It would be best
if you inquired what the interest rate of your state is before you apply for a loan. Apply
for a Possible Finance loan here now. 48